The difference between in-process inventory, safety stock inventory, Assignment

The difference between in-process inventory, safety argument inventory, and seasonal inventory - Assignment ExampleThe production of the tender metal involves a mix of raw materials.The safety stock inventory refers to the stock that a firm holds to guard against lead-time, uncertainty in demand, and supply. rubber eraser stock is a signifi so-and-sot factor that determines the balance between the inventory investment and the service to the customers (Dear, 2009). The spirited stock safety indicates excellent service and investment in the inventory (Saxena, 2003). A company can reduce the in-house safety stock levels by shrinking the delivery lead times assigned to the suppliers. An shell in hardware store involves keeping some packets of cement in anticipation of the demand that whitethorn exceed the forecasts. In case of the cement shortage, the hardware store will respond to the uncertainty in demand.Seasonal inventory encompasses products that have demand in particular seaso ns. The products do not have invariable and stable demand. The firms should strategize how to purchase and manage the seasonal inventory effectively in anticipation of demand (Dear, 2009). The worry is significant in order to offset the temporary seasonal demand of the products. In the hardware store, the Christmas separate are seasonal inventory. The hardware store should ensure it has enough Christmas cards to satisfy demand in